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Options execution and structures.

Seven lessons, ordered from execution costs through covered positions, defined-risk spreads, and position sizing.

Start lesson 1
Lessons
7
Modules
4
Access
Free

Lessons

Execution

Module 1
  1. 01
    Slippage

    A practical guide to slippage in options trading, including bid-ask spreads, liquidity, market orders, trade sizing, and how execution costs affect returns.

Covered positions

Module 2
  1. 02
    Covered Call

    A practical guide to covered calls, including how the strategy works, income potential, assignment risk, upside tradeoffs, and common portfolio use cases.

  2. 03
    Cash-Secured Put

    A practical guide to cash-secured puts, including how the strategy works, why traders sell puts, assignment risk, capital requirements, and income tradeoffs.

Defined-risk spreads

Module 3
  1. 04
    Call Credit Spreads

    Introduction to Call Credit Spreads Call Credit Spreads are a pivotal strategy in options trading, offering traders a way to capitalize on market movements with defined risk. This strategy involves selling a call option.

  2. 05
    Put Credit Spreads

    Introduction to Put Credit Spreads Put Credit Spreads are a pivotal strategy in options trading, offering traders a way to potentially profit from stable or rising stock prices. This strategy involves simultaneously.

  3. 06
    Iron Condors

    Introduction to the Iron Condor The Iron Condor is a significant options trading strategy, renowned for its ability to leverage market stability. This advanced technique, involving both call and put options, is ideal.

Position sizing

Module 4
  1. 07
    Kelly Criterion (Position Sizing)

    A practical guide to the Kelly Criterion for position sizing, including the formula, risk-management use cases, advantages, limitations, and options-trading context.